Is Cryptocurrency trading a threat to Government policies?
The mere fact that Bitcoin is #decentralized #concerns governments at global scale because only a #centralized #system can be in full control. #MarkZuckerberg argued in a recent statement that the people once believed in the decentralized nature of #technology. Over the years, they’ve lost faith because governments are now using it to manipulate the masses. “Cryptocurrency takes power from centralized systems and puts it back into the hands of its rightful owners – the people”, said Zuckerberg in a post on #Facebook. #Bitcoin is risky because it’s difficult to keep under control, although at the core of the #crypto world lies a purpose: the ability of #cryptocurrency to reconstruct #financial systems leveraging transparency and eliminating the dire need to trust; and when there’s no reason to doubt there’s no #chance for deceit or fraud. High-level security, transparency and trust are three of the main benefits that Blockchain technology and Bitcoin can provide, and the democratizat...
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